2023
Flag  
GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH
-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
 GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC 
$33,730CURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP PC GROWTH
-32.1%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC
$44,691CURRENT US$
Rnk 30 / 196
2013-2023
Flag
GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195

About

Kuwait-France Trade: In 2023, Kuwait exported $2.29B to France. The main products that Kuwait exported to France were Refined Petroleum ($2.24B), Ethylene Polymers ($7.45M), and Gas Turbines ($7.1M). Over the past 5 years the exports of Kuwait to France have increased at an annualized rate of 33.7%, from $535M in 2018 to $2.29B in 2023.

In 2023, Kuwait did not export any services to France.

France-Kuwait Trade: In 2023, France exported $1B to Kuwait. The main products that France exported to Kuwait were Planes, Helicopters, and/or Spacecraft ($176M), Packaged Medicaments ($128M), and Aircraft parts (gliders, balloons, and powered aircraft) ($77.6M). Over the past 5 years the exports of France to Kuwait have increased at an annualized rate of 3.95%,  from $827M in 2018 to $1B in 2023.

In 2023, France did not export any services to Kuwait.

Comparison: In 2023,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B). That same year, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kuwait exported $2.29B to France. The main products exported from Kuwait to France were Refined Petroleum ($2.24B), Ethylene Polymers ($7.45M), and Gas Turbines ($7.1M). During the last 5 years the exports of Kuwait to France have increased at an annualized rate of 33.7%, from $535M in 2018 to $2.29B in 2023.

In 2018, France exported $1B to Kuwait. The main products exported from France to Kuwait were Planes, Helicopters, and/or Spacecraft ($176M), Packaged Medicaments ($128M), and Aircraft parts (gliders, balloons, and powered aircraft) ($77.6M). During the last 5 years the exports of France to Kuwait have increased at an annualized rate of 3.95%, from $827M in 2023 to $1B in 2018.

Exports from Kuwait (Flag) to France (Flag) (2023)

Exports from France (Flag) to Kuwait (Flag) (2023)

Latest Data

Trade between Kuwait (Flag) and France (Flag)

Kuwait Exports

France Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$17.4B
France
Top Destination
Germany$72.8B

This map shows whether countries import more from Kuwait or France. Each country is colored based on the difference in imports they receive from Kuwait and France or the difference in the growth in imports.

In 2023, countries that imported more from Kuwait than France included India ($9.51B), Pakistan ($2.13B), and Oman ($1.74B).

In 2023, countries that imported more from France than Kuwait included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

Difference in imports from France (Flag) and Kuwait (Flag) (2023)

Comparative Advantage Kuwait - France

Flow
Scale

This chart compares trade between Kuwait and France by product, considering products traded by both, Kuwait and France.

During 2023, Kuwait had a large net trade with France in the exports of Mineral Products ($2.24B), Machines ($13.2M), and Plastics and Rubbers ($8.56M).

During 2018, France had a large net trade with Kuwait in the exports of Transportation ($280M), Chemical Products ($256M), and Machines ($133M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait France+$15MEthylene Polymers
Top Product Potential France Kuwait+$26.7MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Kuwait and France. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over France. Similarly, a dot/product with the flag of France indicates it has a comparative advantage over Kuwait.

Product Space of Kuwait (Flag) and France (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with